Closed transaction

Project Rightwork – Catering Services International

Advisers to hospitality recruiters, Catering Services International, on its transition to employee ownership.

Advised by
Client
Counterparty
N/A
Deal stage
Closed transaction
Service
Sell
Sector
Leisure and Hospitality
Sub-sector
Other Leisure & Hospitality
Contact
mark.naughton@frpadvisory.com

Deal details

We’re pleased to have supported a leading hospitality recruiter in Bath with its transition to an employee ownership model.

Catering Services International is an award-winning hospitality employment agency with over 35 years of experience matching staff with businesses across the UK. With 11 regional offices the company works with a wide range of firms from independent venues to major hospitality groups.

It has now become 100% employee-owned, after establishing a new Employee Ownership Trust that gives its employees a direct stake in the business.

The move to employee ownership marks a significant milestone for the company, ensuring the continued independence of the business while preserving its culture and long-standing commitment to client service and staff development.

Our Corporate Finance team acted as lead advisers to Catering Services International on this deal. We managed the creation of the new trust, supporting on the valuation, structuring and negotiations while also delivering specialist tax advisory and clearance assistance.

Mark Naughton RolePartner FirmFRP Corporate Finance I lead the Corporate Finance team in the South West and Wales for FRP Advisory, having more than 25 years Corporate Finance experience gained from a number of roles across FRP, Grant Thornton and PwC across the UK. View profile
Emma Wade RoleCorporate Finance Executive FirmFRP Corporate Finance Emma joined FRP in 2023 and is an Executive in the Corporate Finance team based in the Bristol office. View profile
Matt Field RoleDirector FirmFRP Corporate Finance View profile

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